Sterling United Federal Credit Union is headquartered in EVANSVILLE and is the 50th largest credit union in the state of Indiana. It is also the 2,042nd largest credit union in the nation. It was established in 1956 and as of September of 2020, it had grown to 21 employees and 8,703 members at 4 locations. Sterling United Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer or attend school inPosey, Vanderburgh, Warrick County, Indiana or Henderson, Kentucky.
See current membership details
Home banking with Sterling United federal credit union
Sterling United Federal Credit Union in Evansville IN., is a decent place for regular online banking needs. I've been banking with them for 18 years and mostly my experiences have been pleasant, however, just recently they have switched to a newer mobile service, which sometimes make simple transactions, somewhat impossible. It would be nice if we could receive a text message when their servers are down for maintenance. I had one particularly nightmarish scenario, when the credit union decided to transition to their current online program on "Black Monday". I was not able to move money around to various accounts due to servers down. I called the bank on that particular morning and talked to a helpful person who assured me that the bank would not place any fees on my account due to the server issues. Other than the occasional blips I recommend this credit union, because there are no check fees and the new app is accessible anytime you need to transfer money or deposit a check using it's mobile app.
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11273 |
| Year Chartered | 1956 |
| Employees | 21 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.23% |
| Return on Equity - YTD | 2.22% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $73.9MM$66.5MM |
| Loans | Q3 2020vs Q3 2019 | $40.8MM$41.0MM |
| Deposits | Q3 2020vs Q3 2019 | $65.3MM$58.4MM |
| Equity Capital | Q3 2020vs Q3 2019 | $7.6MM$7.5MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $269.00K$246.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $206.00K$294.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |